Why Top CEOs Are Betting Big on Donald Trump's Inauguration

High-profile business leaders are shelling out millions to support President-elect Donald Trump's inaugural committee. Companies like Amazon, Facebook, and Uber are making big donations, hoping to win favor with the incoming administration. Trump's 2017 inaugural committee set a record with $107 million, and his second inauguration is already on track to surpass that. This time, even tech giants who largely stayed away before are contributing. CEOs like Jeff Bezos and Mark Zuckerberg, once critical of Trump, are now showing support. It seems that everyone wants a seat at the table as Trump takes office again.

Corporations see an opportunity to influence policy and avoid Trump's wrath. Inaugural committees aren't tied to strict donation limits like campaigns, making them an attractive option. Trump values personal and political praise from business leaders, making his inauguration a chance for them to curry favor. However, critics argue that these donations could lead to special treatment for certain industries.

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